I would be very cautious while applying traditional economics to crypto world, obviously I don't deny supply and demand law but system is more complex and I see showing last month chart as plain manipulation.
We are still in early development phase and entangled in broader market cycles and price of Hive is inevitably tight to price of other crypto assets.
However, all the new potential usecases, services and goods availabe to purchase with Hive will make the whole ecosystem stronger. This is open sandbox, just bring your tools and build!
The posting of the chart was intended to show the downward force on the market price of Hive as the result of content creators looking to sell their Hive currencies in exchange for other cryptos/USD. The point here is if this economic reality is addressed there can be a continuous upward market trend rather than a downward one imposed by the design of the platform.
I think you capped off your comment perfectly, “This is an open sandbox, just bring your tools and build.” Unlike mainstream social media platforms where you get what you get and if you don’t like it leave, here one can opt to become a builder and create that which they feel is needed.